The rewards of austerity

From The Guardian:

Unemployment in the eurozone has risen to a new record, with more than one in four out of work in Spain and Greece.

There are now 18.49 million people without jobs in the 17 countries sharing the euro, said the European statistics office Eurostat on Wednesday with an extra 146,000 joining the ranks of the unemployed last month.

Youth unemployment – joblessness among under-25s – rose to 23.3%, up from 21% during the same month a year ago…

One thought on “The rewards of austerity

  1. Most of us have already figured out that the Romney/Ryan ‘plan’ is a road map to Greece. Three things guaranteed NOT to create jobs: tax breaks for billionaires, corporate deregulation, and austerity programs.
    We tried the first two at the beginning of this century, and we ended up with the Bush Depression. Romney wants to make it a hat trick.

    Unfortunately, the 50% of the people who were in the bottom half of their class still get to vote. You’ll find many of them today tuned in to Fox Views – believing every word.

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